Sri Lanka
High Value Added Consumer Products Sector Review
Definition and scale of sector
- Tableware ceramics,
- Jewellery,
- Crystal glass,
- Leather goods,
- Clothing, carpets
- General Engineering
- General Manufacturing
Why the sector was chosen in the West Midlands
- Longstanding concentrations of traditional consumer product industries in older urban core. Also craft based production an important component in some rural economies.
- Key influence played by design and marketing in the development of a future for these industries around improved value added opportunities.
- Process efficiency improvements important in sustaining volume manufacturers.
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Textile Report
The textile sector in Sri Lanka is fast growing, running by ahead of agriculture, concerning exports.
Thanks to the General Agreement on Tariffs and Trade from 1st January 2005, textile and clothing market has been liberalized. For more than forty years there have been import quotas in order to aid local employment in developing countries. Foreign investments in manufacturing and infrastructure rose in the 1990s, and manufacturing output grew by 6.3% p.a. 1980-90 and 6.6% p.a. 1990-2004.
Despite the increasing rate of violence, especially in the north and east of the country, with a consequent high spending in defence, and the devastation due to the Tsunami in December 2004, Sri Lanka's economy grew by 5% p.a. in 2003-2005.
Source: India Pakistan Trade Unit
FOR THE FULL REPORT PLEASE CLICK HERE
Textile Sector in Sri Lanka - A Report from UKTI
The Textile and Apparel Sector is one of the most significant and dynamic contributors to Sri Lanka's overall economy. The industry has grown over the years to become the primary export earner and the largest single employer of the manufacturing industry. Sri Lanka's textile and apparel industries could be categorised into three groups.
· Apparel companies that manufacture mainly to the export market.
· Textile mills and finishing plants that supply existing apparel exporters or export directly overseas.
· Companies engaged in accessory manufacture for the export apparel industry
Source: UK Trade & Investment
FOR THE FULL REPORT PLEASE CLICK HERE
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